Global Cattle Feed Market Research Report

The cattle feed market is experiencing favorable trends due to factors such as rising demand for cattle meat, processed meat, and milk products, especially in the developing economies of China, India, and Brazil. The major driving factor of this market is the increase in mass production of meat. Additives are added to increase the milk-yielding capacity of cattle and enhance the quality of meat. The additives also increase the nutrient value of feed and help to increase the palatability. The common additives added to feed include antioxidants, vitamin, antibiotics, amino acids, feed enzymes, and feed acidifiers, among others.

MicroMarketMonitor reports on the cattle feed market are segmented into dairy feed, beef feed, calf feed, and other feed. Each report for a specific region is further segmented on the basis of ingredients.

North America Cattle Feed
The North American cattle feed market had been valued at $25.4 billion in 2013, and is estimated to grow at a CAGR of 6.9% during the forecast period 2013 to 2018. It is projected to reach $35.4 billion by 2018. The cattle feed market comprises dairy, beef, and calf, among others.

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Latin America Cattle Feed
The Latin American cattle feed market had been valued at $12.2 billion in 2013, and is estimated to grow at a CAGR of 5.7%, during the forecast period, 2013 to 2018. This market is projected to reach $16.1 billion by 2018. The market comprises dairy, beef, and calf, among others.

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Asia-Pacific Cattle Feed
The cattle feed market in the Asia-Pacific region had been valued at $62.9 billion in 2013, and is estimated to grow at a CAGR of 6.1%, during the forecast period 2013 to 2018. This market is projected to reach $84.8 billion by 2018. The cattle feed market comprises of dairy, beef, and calf, among others.

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Europe Cattle Feed
The European cattle feed market had been valued at $24.3 billion in 2013, and is estimated to grow at a CAGR of 5.6% during the forecast period 2013 to 2018. This market is projected to reach $32.2 billion by 2018. This cattle feed market comprises dairy, beef, and calf, among others.